Top 10: Renewable Energy Manufacturers
The global renewable energy sector experienced major growth in 2024, demonstrating a significant shift in the energy landscape.
Increased deployment of solar and wind power is growing the energy capacity of renewable energy.
Despite consistent growth from independent power producers, the rate still remains insufficient to meet global targets of tripling renewable energy capacity by 2030, which is accelerating the challenge of deployment across all countries.
Energy Digital has ranked some of the largest companies in the world that manufacture leading innovations by installed capacity.
10. Plug Power
Installed capacity: 95MW
Founded: 1997
CEO: Andy Marsh
Plug Power Inc is an American company that focuses on the development and commercialisation of hydrogen cells and green hydrogen technology.
The company has deployed 69,000 fuel cell systems and 250 fueling stations worldwide, making it one of the largest companies in hydrogen fuel cell deployment.
Andy Marsh, CEO of Plug Power, invested 50% of his annual salary in company stock, saying "Our mission is to pioneer the hydrogen economy for present and future generations. Aligning my compensation with our company’s outlook, both short and long term, is a demonstration of my confidence in our vision, our team and the value we are creating for our stakeholders.”
9. Ørsted
Installed capacity: 15.7 GW
Founded: 2006
CEO: Rasmus Errboe
Ørsted is Danish based, and one of the world's largest developers of offshore wind power.
The company develops, constructs, owns and operates offshore and onshore windfarms, solar farms, bioenergy plants, energy storage facilities and renewable hydrogen solutions.
The company used to be heavily reliant on coal, oil and gas, but transformed in 2010 with a focus on renewable energy.
Currently operating 12 offshore windfarms in the UK, with plans to continue to expand to support its an ambitious goal to reach 20-22 GW of installed offshore wind capacity by 2030.
8. First Solar
Installed capacity: 25 GW
Founded: 1999
CEO: Mark Widmar
First Solar is a leading American renewable energy company that specialises in the design, manufacture and sale of photovoltaic solar energy solutions.
It primarily uses advanced thin-film semiconductor technology.
The company is committed to powering 100% of its global manufacturing operations with renewable energy by 2028 with the goal of being climate neutral by 2050.
7. Canadian Solar
Installed capacity: 30.7 GW
Founded: 2001
CEO: Dr. Shawn Qu
The Canadian based company is one of the world’s largest manufacturers for solar photovoltaic modules and a provider of solar energy solutions including energy storage and utility scale solar project development.
It has subsidiaries in 23 countries and more than 20 solar and energy storage manufacturing facilities in Asia and America.
Yan Zhuang, President of Canadian Solar's subsidiary CSI Solar says "In the first quarter of 2025, CSI Solar maintained profitability despite ongoing challenges in the solar market and softer storage shipments.
“We achieved further manufacturing cost reductions through efficiency improvements in Asia and the progressed ramping of our US module facility.
“As policy clarity emerges, we continue to be well-positioned to capitalise on growing robust demand for storage solutions globally."
6. GE Vernova
Installed capacity: 120 GW
Founded: 2024
CEO: Scott Strazik
GE Vernova operates across multiple segments including gas, power, wind energy, hydro power, grid solutions and electrification software.
The company has an installed base of around 55,000 wind turbines and 7,000 gas turbines.
With its mission being to electrify, decarbonise the planet by advancing low-carbon technologies and solutions.
Investing about US$1bn in research and development, focusing on decarbonisation and electrification.
"We approach our role with an enormous sense of responsibility, knowing the world relies on us for the equipment, services, and software to produce and distribute the electricity it needs," says Scott Strazik, CEO, GE Vernova
5. Siemens Energy
Installed capacity: 146 GW
Founded: 1847
CEO: Christian Burch
Siemens is based in Germany focusing overall on dvancing renewable energy solutions including solar, wind, hydropower, biomass and green hydrogen.
The technology the company provides contributes to around 16% of the electricity generated worldwide.
A major part of Siemens Energy is Siemens Gamesa Renewable Energy market leader in wind power and renewable energy solutions.
With more than 50% of Siemens Energy’s portfolio is decarbonised, with a goal of committing net zero by 2030.
Christian Bruch, CEO, Siemens Energy says: “By recognising the challenges inherent in the energy transition, we can chart a realistic roadmap toward a sustainable and secure energy future.”
4. Vestas
Installed capacity: 189 GW
Founded: 1945
CEO: Henrick Andersen
Vestas is a Danish based renewable energy company, operating in more than 80 countries.
The company specialises in design, manufacture, installation and maintenance of wind turbines.
Advancing turbine technologies that enhance performance and reliability.
“We are in a defining moment for Europe’s future. We need an industry and an energy source that can deliver home-grown, secure and affordable energy, while strengthening Europe’s competitiveness," says Henrik Andersen, CEO of Vestas and incoming Chair of WindEurope.
“Wind energy can contribute to all of this, and now is the time for Europe to bolster its wind industry.
“The European Commission and member states have set high targets, but this momentum must translate ambition into implementation.
3. LONGi
Installed capacity: 200 GW
Founded: 2000
CEO: Li Zhenguo
LONGi is based in China and has a primary focus on solar energy.
The company is known for its technological innovation, breaking photovoltaic cell efficiency records multiple times.
It is also pioneering the shift from polycrystalline to highly efficient monocrystalline silicon products.
The company's mission aims to harness solar energy using cutting edge innovations, creating accessible and sustainable clean energy solutions.
It is also committed to reaching 100% renewable energy across its global operations by 2028.
Li Zhenguo, Founder and President says: "LONGi remains committed to a dual mission: not only delivering more clean energy globally, but also actively minimising energy consumption during its manufacturing process while transitioning toward using clean energy to produce clean energy."
2. Trinasolar
Installed capacity: 205 GW
Founded: 1997
CEO: Gao Jifan
Trinasolar is a leading global renewable company that specialises in solar photovoltaic systems and smart solar energy solutions.
The company has a global market share of around 11-12%.
Trinasolar povides high-quality solar products and renewable energy solutions, like the TrinaTracker system, which it says improved energy efficiency by 20% over traditional setups.
It aims to reach carbon neutrality by 2050 and exclusively using renewable energy in its manufacturing by 2030.
It is a member of the Science Based Targets initiative, committing to limit global warming to 1.5°C.
Bringing clean energy to more than 150 countries, by the end of 2023 Trinasolar had been granted more than 2000 patents for its innovations.
Gao Jifan, CEO, TrinarSolar says: “Trinasolar has put in place a multi-tiered business ecosystem that provides vertical solutions including products, systems and smart energy to help achieve carbon neutrality and the development of clean energy worldwide.”
1. JinkoSolar
Installed capacity: 320 GW
Founded: 2006
CEO: Xiande Li
The company is based in China and specialises in photovoltaic products and energy storage systems.
It manufactures and sells high-quality solar modules and related clean energy solutions that serve 190 countries.
The company has a global manufacturing presence with more than 10 based in China, the US, Southeast Asia, and the Middle East.
JinkoSolar has been a global leader in solar module shipments for several years.
It is committed to sustainability, powering more than 50% of its manufacturing facilities with renewable energy sources, with a goal to reach 100% renewable energy use by 2025.
Xiande Li, JinkoSolar CEO, said: "Module shipments reached 17.5 GW, with revenues of US$1.91bn, for the first quarter of 2025.
“Prices across the main segments of the solar industrial chain were low in the first quarter.
“This, combined with disruptions in demand caused by changes in international trade policies, pressured profit margins in each segment of the integrated solar supply chain.
“Despite this challenging market environment, we fulfilled our delivery commitments to customers and reduced costs through supply chain optimization, adjustments to production and operation plans and other measures.
